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Shunya.Trade Options Engine

United States Market Pre-Market Analysis

August 18, 202609:00 AM LocalReal-Time Market Data
Gold (GC)
4,452.50
+0.79%
Nasdaq 100 (NQ)
29,709.25
-1.29%
S&P 500 (ES)
7,732.50
-0.47%
Silver (SI)
65.33
-1.20%
Dollar Index (DX)
99.63
-0.04%
Dow Jones (DJI)
nan
nan%
Crude Oil (CL)
84.32
-0.21%
Natural Gas (NG)
2.71
+0.78%
Volatility Index — CBOE VIX
15.8% Moderate
Gold (GC)
Strong Bullish
4,452.50
+0.79%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bearish
RSI (82.2)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
With price anchored above the 20-day moving average (4,214), the short-term trend channel favours continuation higher. RSI reading of 82 signals extended positioning. Watch for mean-reversion setups on any loss of momentum. The moving-average convergence divergence oscillator supports the bull case β€” histogram expanding above the zero line. Elevated volume (6.0x average) validates the current price action β€” the move has sponsorship.
Support / Resistance
Support3,962.50
Resistance4,493.10
Moving Averages
21-day SMA4,207.26
50-day SMA4,159.16
100-day SMA4,391.61
200-day SMA4,490.87
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely high at 82.2 (Overbought), indicating price is extended and a pullback is likely.
MACD Analysis
MACD is expanding positively, highlighting that buyers are firmly in control of momentum.
Bollinger Bands
Price is trading comfortably within the Bollinger Bands, representing normal historical volatility levels.
Volume Analysis
Recent volume is noticeably higher on up-days, signaling strong underlying buyer accumulation.
Chart Pattern / Confluence
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
LevelPrice
High (0.0%)4,493.10
23.6%4,367.88
38.2%4,290.41
50.0%4,227.80
61.8%4,165.19
78.6%4,076.05
Low (100.0%)3,962.50
Extensions
ExtensionPrice
Ext 1.13 (Up)4,562.08
Ext 1.272 (Up)4,637.42
Ext 1.618 (Up)4,821.01
Ext 1.13 (Dn)3,893.52
Ext 1.272 (Dn)3,818.18
Ext 1.618 (Dn)3,634.59
Trade Setup
Entry
4,452.50
Stop Loss
4,405.09
Take Profit
4,547.33
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call83%
Buy OTM Call
Call Ratio Backspread83%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread80%
Buy Call + Sell higher Call
Nasdaq 100 (NQ)
Strong Bullish
29,709.25
-1.29%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (76.3)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
With price anchored above the 20-day moving average (29,161), the short-term trend channel favours continuation higher. Momentum is overheated at 76. While trend can override oscillators, the statistical edge for fresh longs is diminished. Momentum confirmation from MACD β€” the signal line crossover is bullish and the histogram continues to expand. Below-average volume undermines conviction in the current direction. Confirmation requires a pick-up in participation.
Support / Resistance
Support27,201.50
Resistance30,968.00
Moving Averages
21-day SMA29,168.63
50-day SMA29,459.19
100-day SMA28,516.19
200-day SMA26,893.35
Moving Average Trends
Bullish short-term cross (21-EMA crossed above 50-SMA) β€” Trend accelerating upward
Momentum (RSI)
RSI is extremely high at 76.3 (Overbought), indicating price is extended and a pullback is likely.
MACD Analysis
MACD is expanding positively, highlighting that buyers are firmly in control of momentum.
Bollinger Bands
Price is trading comfortably within the Bollinger Bands, representing normal historical volatility levels.
Volume Analysis
Recent volume spikes on down-days warn of active distribution and seller dominance.
Chart Pattern / Confluence
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
LevelPrice
High (0.0%)30,968.00
23.6%30,079.11
38.2%29,529.20
50.0%29,084.75
61.8%28,640.30
78.6%28,007.53
Low (100.0%)27,201.50
Extensions
ExtensionPrice
Ext 1.13 (Up)31,457.65
Ext 1.272 (Up)31,992.49
Ext 1.618 (Up)33,295.70
Ext 1.13 (Dn)26,711.85
Ext 1.272 (Dn)26,177.01
Ext 1.618 (Dn)24,873.80
Trade Setup
Entry
29,709.25
Stop Loss
29,387.47
Take Profit
30,352.81
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call75%
Buy OTM Call
Call Ratio Backspread75%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread72%
Buy Call + Sell higher Call
S&P 500 (ES)
Strong Bullish
7,732.50
-0.47%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (77.7)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day SMA at 7,639 continues to act as dynamic support β€” price remains above it, reinforcing upside bias. Momentum oscillator at 78 enters overbought territory β€” the tape is stretched and vulnerable to profit-taking. MACD histogram prints positive, confirming the bullish impulse leg is intact. Volume registers below average β€” the move lacks broad participation and is susceptible to reversal.
Support / Resistance
Support7,232.25
Resistance7,838.50
Moving Averages
21-day SMA7,634.11
50-day SMA7,556.17
100-day SMA7,370.82
200-day SMA7,110.35
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely high at 77.7 (Overbought), indicating price is extended and a pullback is likely.
MACD Analysis
MACD is expanding positively, highlighting that buyers are firmly in control of momentum.
Bollinger Bands
Price is trading comfortably within the Bollinger Bands, representing normal historical volatility levels.
Volume Analysis
Recent volume spikes on down-days warn of active distribution and seller dominance.
Chart Pattern / Confluence
Consolidation / Range-bound Structure
Fibonacci Retracements
LevelPrice
High (0.0%)7,838.50
23.6%7,695.43
38.2%7,606.91
50.0%7,535.38
61.8%7,463.84
78.6%7,361.99
Low (100.0%)7,232.25
Extensions
ExtensionPrice
Ext 1.13 (Up)7,917.31
Ext 1.272 (Up)8,003.40
Ext 1.618 (Up)8,213.16
Ext 1.13 (Dn)7,153.44
Ext 1.272 (Dn)7,067.35
Ext 1.618 (Dn)6,857.59
Trade Setup
Entry
7,732.50
Stop Loss
7,685.23
Take Profit
7,827.04
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call82%
Buy OTM Call
Call Ratio Backspread82%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread79%
Buy Call + Sell higher Call
Silver (SI)
Strong Bullish
65.33
-1.20%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bearish
RSI (75.1)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day SMA (61.39) remains unbroken on the downside β€” bulls retain structural control of the near-term tape. With RSI at 75, the risk/reward for new long entries deteriorates. Favour strategies that benefit from a pullback or consolidation. The MACD reading adds conviction to the long thesis β€” positive and expanding histogram with a bullish signal-line cross. Heavy turnover at 18.2x average signals that the smart money is actively positioning. Conviction trade.
Support / Resistance
Support55.01
Resistance70.95
Moving Averages
21-day SMA61.27
50-day SMA61.57
100-day SMA68.85
200-day SMA70.76
Moving Average Trends
Bullish short-term cross (21-EMA crossed above 50-SMA) β€” Trend accelerating upward
Momentum (RSI)
RSI is extremely high at 75.1 (Overbought), indicating price is extended and a pullback is likely.
MACD Analysis
MACD is expanding positively, highlighting that buyers are firmly in control of momentum.
Bollinger Bands
Price is trading comfortably within the Bollinger Bands, representing normal historical volatility levels.
Volume Analysis
Recent volume spikes on down-days warn of active distribution and seller dominance.
Chart Pattern / Confluence
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
LevelPrice
High (0.0%)70.95
23.6%67.19
38.2%64.86
50.0%62.98
61.8%61.10
78.6%58.43
Low (100.0%)55.01
Extensions
ExtensionPrice
Ext 1.13 (Up)73.02
Ext 1.272 (Up)75.28
Ext 1.618 (Up)80.80
Ext 1.13 (Dn)52.94
Ext 1.272 (Dn)50.68
Ext 1.618 (Dn)45.17
Trade Setup
Entry
65.33
Stop Loss
64.43
Take Profit
67.13
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call80%
Buy OTM Call
Call Ratio Backspread80%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread77%
Buy Call + Sell higher Call
Dollar Index (DX)
Strong Bearish
99.63
-0.04%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bullish
RSI (24.6)Oversold
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Sellers have pushed through the 20-day average (100), signaling a deterioration in near-term structure. Momentum oscillator at 25 enters oversold territory. Contrarian long setups and defined-risk debit strategies gain merit. The MACD reading is bearish β€” histogram below zero and expanding, suggesting selling pressure has momentum behind it. The structured approach identifies Long Put at 80% as the highest-probability play. Risk/reward and regime fit both favour this setup.
Support / Resistance
Support99.16
Resistance101.80
Moving Averages
21-day SMA100.37
50-day SMA100.56
100-day SMA99.73
200-day SMA99.19
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely low at 24.6 (Oversold), suggesting selling pressure may have exhausted and a bounce is possible.
MACD Analysis
MACD histogram is negative and expanding, indicating sellers hold a strong momentum advantage.
Bollinger Bands
Bollinger Bands are tightly squeezed, warning of an imminent explosive directional price move.
Volume Analysis
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern / Confluence
Lower Highs and Lower Lows (Downtrend Structure)
Fibonacci Retracements
LevelPrice
High (0.0%)101.80
23.6%101.18
38.2%100.79
50.0%100.48
61.8%100.17
78.6%99.72
Low (100.0%)99.16
Extensions
ExtensionPrice
Ext 1.13 (Up)102.14
Ext 1.272 (Up)102.52
Ext 1.618 (Up)103.43
Ext 1.13 (Dn)98.82
Ext 1.272 (Dn)98.44
Ext 1.618 (Dn)97.53
Trade Setup
Entry
99.63
Stop Loss
99.91
Take Profit
99.07
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put80%
Buy OTM Put
Put Ratio Backspread80%
Sell 1 higher Put + Buy 2 lower Puts
Bear Put Spread77%
Buy Put + Sell lower Put
Dow Jones (DJI)
Bearish
nan
nan%
Intraday
Bearish
Daily
Bearish
Weekly
Bullish
Monthly
Bullish
RSI (59.9)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Beneath the 20-day moving average (nan), the tape is in distribution mode. Sellers control the structure. Momentum at 60 is in the sweet spot: bullish enough to confirm direction, not so extended as to warrant caution. The moving-average convergence divergence oscillator supports the bull case β€” histogram expanding above the zero line. The scoring engine flags Long Put with a 68% conviction score β€” the strongest signal in today's scan.
Support / Resistance
Support49,909.07
Resistancenan
Moving Averages
21-day SMAnan
50-day SMAnan
100-day SMAnan
200-day SMAnan
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI at 59.9 is well within the neutral zone, showing balanced momentum without extreme conditions.
MACD Analysis
MACD is expanding positively, highlighting that buyers are firmly in control of momentum.
Bollinger Bands
Price is trading comfortably within the Bollinger Bands, representing normal historical volatility levels.
Volume Analysis
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern / Confluence
Consolidation / Range-bound Structure
Fibonacci Retracements
LevelPrice
High (0.0%)nan
23.6%nan
38.2%nan
50.0%nan
61.8%nan
78.6%nan
Low (100.0%)49,909.07
Extensions
ExtensionPrice
Ext 1.13 (Up)nan
Ext 1.272 (Up)nan
Ext 1.618 (Up)nan
Ext 1.13 (Dn)nan
Ext 1.272 (Dn)nan
Ext 1.618 (Dn)nan
Trade Setup
Entry
nan
Stop Loss
nan
Take Profit
nan
Risk / Reward
0
Sell
Top Options Strategies
Long Put68%
Buy OTM Put
Put Ratio Backspread68%
Sell 1 higher Put + Buy 2 lower Puts
Bear Put Spread65%
Buy Put + Sell lower Put
Crude Oil (CL)
Bullish
84.32
-0.21%
Intraday
Bullish
Daily
Bullish
Weekly
Bullish
Monthly
Bullish
RSI (49.7)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Near-term structure remains constructive with price trading above the 20-day SMA (82.54). With RSI at 50, the path of least resistance remains to the downside until buyers can reclaim the neutral zone. The convergence-divergence oscillator prints a bullish signal. Histogram expansion above zero validates the upside move. At 0.2x average volume, the move is thinly traded. Liquidity gaps could trigger sharp reversals on any catalyst.
Support / Resistance
Support67.04
Resistance95.47
Moving Averages
21-day SMA82.65
50-day SMA79.26
100-day SMA88.56
200-day SMA77.08
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI at 49.7 is well within the neutral zone, showing balanced momentum without extreme conditions.
MACD Analysis
MACD is expanding positively, highlighting that buyers are firmly in control of momentum.
Bollinger Bands
Price is trading comfortably within the Bollinger Bands, representing normal historical volatility levels.
Volume Analysis
Recent volume is noticeably higher on up-days, signaling strong underlying buyer accumulation.
Chart Pattern / Confluence
Consolidation / Range-bound Structure
Fibonacci Retracements
LevelPrice
High (0.0%)95.47
23.6%88.76
38.2%84.61
50.0%81.26
61.8%77.90
78.6%73.12
Low (100.0%)67.04
Extensions
ExtensionPrice
Ext 1.13 (Up)99.17
Ext 1.272 (Up)103.20
Ext 1.618 (Up)113.04
Ext 1.13 (Dn)63.34
Ext 1.272 (Dn)59.31
Ext 1.618 (Dn)49.47
Trade Setup
Entry
84.32
Stop Loss
82.14
Take Profit
88.69
Risk / Reward
2.0
Buy
Top Options Strategies
Long Call79%
Buy OTM Call
Call Ratio Backspread79%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread76%
Buy Call + Sell higher Call
Natural Gas (NG)
Strong Bearish
2.71
+0.78%
Intraday
Bullish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (48.8)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The break below the 20-day SMA at 2.75 opens the door to further downside probing. The 49 reading on the momentum gauge signals persistent softness. Sellers maintain the edge until a reclaim of the 50-line. MACD confirms the directional momentum: histogram above zero and widening. The impulse leg has room to extend. Volume registers below average β€” the move lacks broad participation and is susceptible to reversal.
Support / Resistance
Support2.62
Resistance3.44
Moving Averages
21-day SMA2.76
50-day SMA2.97
100-day SMA2.91
200-day SMA3.40
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI at 48.8 is well within the neutral zone, showing balanced momentum without extreme conditions.
MACD Analysis
MACD is expanding positively, highlighting that buyers are firmly in control of momentum.
Bollinger Bands
Price is trading comfortably within the Bollinger Bands, representing normal historical volatility levels.
Volume Analysis
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern / Confluence
Consolidation / Range-bound Structure
Fibonacci Retracements
LevelPrice
High (0.0%)3.44
23.6%3.25
38.2%3.13
50.0%3.03
61.8%2.93
78.6%2.79
Low (100.0%)2.62
Extensions
ExtensionPrice
Ext 1.13 (Up)3.55
Ext 1.272 (Up)3.67
Ext 1.618 (Up)3.95
Ext 1.13 (Dn)2.51
Ext 1.272 (Dn)2.39
Ext 1.618 (Dn)2.11
Trade Setup
Entry
2.71
Stop Loss
2.76
Take Profit
2.61
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put88%
Buy OTM Put
Put Ratio Backspread88%
Sell 1 higher Put + Buy 2 lower Puts
Bear Put Spread85%
Buy Put + Sell lower Put
Market Search Previews
Key Takeaway
Analyze VIX term structure (contango vs backwardation) to assess whether hedging demand supports directional or premium-selling strategies.
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⚠ Disclaimer: This analysis is for educational and informational purposes only. It does not constitute financial advice. Options trading involves significant risk of loss. Past performance does not guarantee future results. Always conduct your own research and consult a qualified financial advisor before making any investment decisions.